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Vishaal Behl
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I Vishaal Behl started out doing technical analysis and did really well on a small trade, I questioned the sustainability of my success with the trade and tried repeating the process with other stocks. So I searched for other ways of making money in the stock market. I began reading about... More
My blog:
Vishaal Behl - Forex System.
  • Vishaal Behl - What Is Currency Trading?
    How Forex Works

    The currency exchange rate is the rate at which one currency can be exchanged for another. It is always quoted in pairs like the EUR/USD (the Euro and the US Dollar). Exchange rates fluctuate based on economic factors like inflation, industrial production and geopolitical events. These factors will influence whether you buy or sell a currency pair.

    Example of a Forex Trade:

    The EUR/USD rate represents the number of US Dollars one Euro can purchase. If you believe that the Euro will increase in value against the US Dollar, you will buy Euros with US Dollars. If the exchange rate rises, you will sell the Euros back, making a profit. Please keep in mind that forex trading involves a high risk of loss.

    Why Trade Currencies?

    Forex is the world's largest market, with about 3.2 trillion US dollars in daily volume and 24-hour market action. Some key differences between Forex and Equities markets are:

    1. Many firms don't charge commissions - you pay only the bid/ask spreads.
    2. There's 24 hour trading - you dictate when to trade and how to trade.
    3. You can trade on leverage, but this can magnify potential gains and losses.
    4. You can focus on picking from a few currencies rather than from 5000 stocks.
    5. Forex is accessible - you don't need a lot of money to get started.

     

    Why Currency Trading Is Not For Everyone

    Trading foreign exchange on margin carries a high level of risk, and may not be suitable for everyone. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Remember, you could sustain a loss of some or all of your initial investment, which means that you should not invest money that you cannot afford to lose. If you have any doubts, it is advisable to seek advice from an independent financial advisor.

    Tags: currency, gold, , dollar, oil, forex
    Jun 28 5:44 AM | Link | Comment!
  • Vishaal Behl -Gold Outlook: Will Gold Bounce Back In 2014?

    Vishaal Behl - Investment in gold was hit by a numbers of factors this year. That saw the precious metal tumble down.

    Jan 22 1:34 AM | Link | 1 Comment
  • Vishaal Behl-WILL FOREX CURRENCY TRADING CAN MAKE YOU RICH? Many People Are Turning To Forex Currency Trading In An Attempt To Become Financially Independent And Improve Our Life Style. The Markets Certainly Offer An Excellent Opportunity To Meet And Ex

    Many people are turning to forex currency to turn rich.

    Jan 10 6:19 AM | Link | 1 Comment
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